[ad_1]
The board member of the HNA group died at the age of 57 years.
(Photo: Bloomberg)
Dusseldorf The HNA group lost a member of the board of directors: the co-founder Wang Jian was killed yesterday in an accident in French Provence, that the The company communicates on its website.
Jian was 57 years old. During a business trip, he crashed. According to the announcement, the co-founder of HNA has not been able to recover from the accident. Further information on his sudden death was not announced by the great German banker.
The Reuters news agency, citing a French police officer, reports that Wang Jian fell to Bonnieux ten meters above sea level. "He tried to climb a low wall to enjoy the view and take pictures," said police officer Reuters. However, because Wang Jian failed to do it the first time, he started running towards the wall. After that, he fell off the wall.
Wang Jian's death comes at a time when the deep-seated society is trying to slow down debt reduction. For the big Chinese society has been subjected to strict controls by the authorities since last year. Instead of continuing to provide the conglomerate with cheap money and thus support its overseas shopping trips, the focus is now more on controlling the financial situation.
The resulting tightening of liquidity led the Group to sell $ 14 billion in badets this year alone. His stakes in Deutsche Bank have progressively reduced Chinese society. In early June, the HNA group held 7.64% of the largest German bank
HNA suspended its stock talks
In addition, early in the year, the HNA group suspended the negotiation of six subsidiaries. Among them, Bohai Capital and Hainan Airlines. At the end of last month, the vice governor of the Chinese Central Bank ordered the provincial government of Hainan, the regulator and major lenders to help HNA to issue bonds in order to prevent the bankruptcy. improve market confidence.
The meeting also revealed that the Securities and Exchange Commission approved the issuance of $ 621 million of corporate bonds Bohai Capital, a subsidiary of HNA. As a result, the company, which also includes HNA's aerospace business, announced in a statement on the Shenzhen Stock Exchange that 3-year bonds worth $ 311 million will be issued over the next few years. days for interest between 6.5 and 7.5%
According to recent information from the HNA group, Wang Jian recently owned 15% of the Chinese conglomerate. He was one of the biggest shareholders of the Chinese group. Co-founder Chen Feng also holds 15 percent.
In 1990, Wang Jian helped found Hainan Provincial Airlines Co., followed by the founding of the HNA Group.
In the announcement, the HNA group expressed its condolences to Wang Jian's family and friends. Together, we mourn the loss of an outstanding leader and model whose vision and values will continue to be a beacon for those who are fortunate to know him, as well as for those of whom he influenced life through his work.
Using Bloomberg Material
Source link
